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Question: an investor wishes to accumulate 200 pln how many months...

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An investor wishes to accumulate 200 PLN. How many months must the investor pay 40 PLN at the beginning of each month if the interest rate is 12% per annum, compounding annually. Solve the problem of non-integer value of the term of annuities. Rework example with deposits at the end of each month. Please solve in details.

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